Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It's less of a surprise, then, that cloud computing giants — such as Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL) and Google's parent company Alphabet (NASDAQ:GOOGL) — are leading the charge to merge blockchain, especially the enterprise type, and the cloud.
Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure.